Putevi AD
BBELEX:PUUE1,000.00
RSD
+100.00
(+11.11%)
ISIN
RSPUTUE84223
Return %
Stock
S&P 500
1Y
-55.36
14.20
3Y
42.86
81.12
5Y
488.24
68.34
Capital Structure
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Uzice Serbia
- IPO Date
- Jun 30, 2003
- Website
- puteviuzice.com
- Similar Companies
- Business
- Putevi AD Uzice is a Serbia-based civil engineering and infrastructure construction company primarily engaged in the design, construction, reconstruction, and maintenance of transportation networks and building facilities. The company operates through two core business segments, civil engineering and building construction, offering an extensive range of infrastructure solutions: the construction and rehabilitation of motorways, regional highways, and municipal roadways; routine and winter maintenance across state road networks; the engineering and construction of bridges, tunnels, railway tracks, airport runways, and athletic stadiums; project design, geotechnical investigation, and technical supervision; and the development of commercial, industrial, residential, and administrative complexes. Complementing its contracting services, Putevi AD produces and sells certified construction materials through a network of asphalt plants, concrete batching facilities, and proprietary quarries, offering product lines that include hot and warm mix asphalt; ready-mix concrete; precast concrete curb stones, drainage gutters, pipes, and retaining wall modules; crushed stone aggregates and sand; and processed reinforcement steel alongside fabricated architectural locksmith and metalwork components. Founded in 1962 and headquartered in Uzice, Serbia, the enterprise serves state transport ministries, public road management directorates, local municipalities, and private sector developers across Serbia and southeastern Europe, alongside longstanding international contracting operations in the Russian Federation. The company is listed on the Belgrade Stock Exchange under the ticker PUUE and is majority-owned by Putevi centar d.o.o. Beograd, maintaining key operating subsidiaries including Novi Pazar-put a.d. and Putevi Pozega a.d. In recent corporate developments, Putevi AD reinforced its regional market presence by executing a takeover bid in late 2024 to increase its majority equity stake in subsidiary Putevi Pozega a.d. to 89 percent from 72.2 percent. Additionally, the company upgraded its operational capacity by executing a heavy machinery procurement agreement with Volvo to modernize equipment at its Surduk processing facility in Uzice, and secured major public service awards for the ongoing winter road maintenance of roughly 680 kilometers of state transit corridors throughout western Serbia across the 2025 and 2026 operational seasons.